Insight & advice from the experts at Marshall & Sterling

Know Your Health Coverage Options
Specialty drugs, also known as specialty pharmaceuticals, are some of the most expensive prescriptions you can buy—costing up to $2,000 or more per month. Unfortunately, they may also be the only option for many people with complex and untreatable conditions. Specialty drugs are expensive prescription medications used to treat chronic, complex conditions. Individuals who have cancer, multiple sclerosis or rheumatoid arthritis might be prescribed a specialty drug. Special handling, such as refrigeration and supervised injections, is often required for these medications, contributing to the high costs.
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Understanding the Experience Modification Rating
One important aspect that plays a significant role in determining the cost of workers’ compensation insurance is the experience modification rating (EMR). This article delves into the concept of EMR, its calculation and its implications for employers.
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Trucking Industry Trends to Watch in 2024
Trucking industry conditions are constantly evolving, and businesses in the truck transportation subsector need to be aware of the changing landscape to maintain operational success. This year, trends that could impact the industry include economic challenges, driver shortages, social inflation contributing to rising commercial auto insurance rates, and utilizing electronic vehicles (EVs) in compliance with applicable regulations.

Each of these areas could significantly affect trucking businesses; as such, they must have a clear understanding of the latest sector developments and adjust their operations and risk management practices accordingly. This article provides more information on trucking industry trends to watch in 2024.
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The Top 5 Reasons Safe Place to Work lawsuits are on the rise in New York State
Safe place to work lawsuits have been on the rise in New York, as a result of the New York State Scaffold Law & other factors. Learn about their impact.
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Breaking Down Common Commercial General Liability (CGL) Policy Exclusions
Commercial general liability (CGL) insurance is an essential form of coverage for any organization. Such a policy can provide much-needed financial protection if an organization is held liable for injuring third parties or damaging their property amid nonprofessional negligent acts or in the course of its usual business operations. This type of insurance may also cover instances in which an organization is held responsible for causing personal and advertising injuries. When these incidents occur, CGL coverage can help reimburse various expenses incurred by the impacted organization, including legal defense costs and compensatory and punitive damages.
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April Is Distracted Driving Awareness Month
Review the following article for more information on distracted driving and ways you can help prevent it.
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What’s a MOD and How Can it Impact my Construction Projects?
Worker's Compensation is a complex issue for most businesses to manage. If you aren't attentive to it, your construction company may be liable for injuries.
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Uninsured Subcontractors Can Be Costly
Subcontractor liability insurance is a must for property owners and general contractors. If subcontractors are uninsured it can leave everyone exposed.

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What’s Your Cost of Risk Management?
Marshall & Sterling takes a total cost of risk approach by tailoring your risk management program to look to the end game - your price.
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Final Rule Released on Short-term, Limited-duration Insurance and Fixed Indemnity Coverage
On March 28, 2024, the U.S. Departments of Labor, Health and Human Services, and the Treasury (Departments) released a final rule on certain types of health coverage that are not subject to the Affordable Care Act’s (ACA) consumer protections, namely short-term, limited-duration insurance (STLDI) and fixed indemnity coverage. This rule finalizes some of the changes included in a proposed rule from July 2023.
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